Bitcoin Volatility Index T3 has jumped to its highest level since the collapse of FTX exchange
The Bitcoin volatility index T3 has risen to its highest level since the collapse of the FTX exchange. This surge indicates that the cryptocurrency market should be prepared for more Bitcoin volatility (Note: T3 Bitcoin volatility index measures the expected 30-day volatility of tokens using option prices).
BI analysts Eric Balchunas and Athanasios Psarofagis wrote in a report that Bitcoin ETF investors may be the strongest advocates for this asset and are unlikely to withdraw during a fund retreat.
ETFs are used as small "hot sauce" configurations for core investment portfolios, which means investors will have greater tolerance for volatility. Analysts added that Cathie Wood's ARK Innovation ETF has shown similar dynamics.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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